The $200 Trillion prediction

Read time: 2.5 minutes

Welcome back, superhuman

Hope you’re coming off a relaxing weekend because AI hasn’t taken any days off.

Hackers tricking AI models. Companies scrambling for data. And bold predictions for 2030. We've serving you all the must-know insights and can’t-miss news in today’s issue.

TODAY’S MENU

• The Big Insight: Report - AI’s impact by 2030

• 5 AI tools to supercharge your productivity

• AI in Business: AI helps multinationals ease supply chain pressures

• Tutorial: How to combine spreadsheets in ChatGPT

• AI-Generated Images: Politicians as gang leaders

TODAY IN AI & TECH  

• Gotcha: Hackers are exposing flaws in AI language models by tricking them into producing bad math.

• Fire extinguisher: California deploys AI to detect wildfires early.

• Culture clash: Big US companies consider leaving the UK due to increase in regulations.

• The drama continues: After Elon Musk confirmed the fight last week, Mark Zuckerberg says Musk is not serious about the cage fight.

• Conveniently dystopian: Chip implants get under your skin so you can leave your keys at home.

THE BIG INSIGHT

ARK Invest predicts AI’s economic impact could reach $200 Trillion by 2030

A recent report from technology investment firm ARK predicts that AI could increase worker productivity by more than 400% and create up to $200 Trillion in economic value by 2030.

While these predictions walk a fine line between optimism and a full-blown bubble, ARK presents the following trends as evidence to back their numbers:

ARK research estimates that AI models have reduced graphic design cost from $150 to $0.08 and time required from 5 hours to less than 2 minutes.

Software engineers can now complete a coding task in less than half the time with AI coding assistants

Based on a 70% annualized drop in training costs and feedback loops, AI coding assistants could 10x the output of software engineers by 2030.

The cost of training AI models has dropped to 1/10th of what it was 2 years ago. Training costs are dropping at ~70% per year.

The convergence of hardware and software could drive AI training costs down by 70% at an annual rate through 2030.

You can read the full report and discover other trends and statistics here.

5 AI Tools to Supercharge Your Productivity

Hercule: AI-powered platform for analyzing pitch decks, conducting market research, and much more.

Sola: Craft seamless, AI-enhanced workflows in transforming your data entry, scraping, and filing operations.

tl;dv (sponsored): tl;dv is here to transcribe, summarize, and mark key moments in your calls in 20+ languages.

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Fiber: Connect with any sales prospect like you actually know them and target companies with hyper precision.

Deepen: The ultimate self-care companion on your journey to mental well-being.

AI IN BUSINESS

AI is helping multinationals ease supply chain pressures

A report from The Financial Times finds that major multinationals like Siemens and Unilver are using AI to source new supplies, finalize contacts and make sure they aren’t doing business with companies tied to environmental abuses. Read more

VAST Data launches unified data platform for the age of AI

The VAST Data Platform brings together storage, database and virtualized compute engine services in a scalable system to help enterprises go beyond traditional reporting and business intelligence and support new deep learning applications that could solve some of humanity’s most pressing challenges. Read more

AI is setting off a great scramble for data

Companies like Adobe are racing to secure vast and quality datasets, leading to an increase in demand and issues like copyright disputes. Read more

How new AI demands are fueling the data center industry in the post-cloud era

The transition to AI is driving substantial growth in data center demands. Challenges include power constraints, extended build times, and more. Read more

How AI innovation can drive growth in enterprises

AI expert David Shrier predicts significant enterprise growth will be driven by AI. He also forecasts a substantial increase in global GDP by 2032. Read more

AI TUTORIAL

How to combine spreadsheets in ChatGPT

Enable Code Interpreter Mode in ChatGPT. Upload a spreadsheet. Try the prompt below:

Combine the data from the 2 spreadsheets and generate one spreadsheet with all the data

Please be careful not to upload any sensitive information to ChatGPT.

AI-GENERATED IMAGES

Politicians as gang leaders

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Thanks for reading.

Until next time!

Zain

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